Winter - ABCO FCU

Money News<br />

A Quarterly Publication<br />

Start Heading in the<br />

rIGHT dIreCTION<br />

Establish or re-establish your credit with a<br />

CREDIT BUILDER LOAN<br />

<strong>Winter</strong> 13<br />

$1,000 •12 months •18% APR*<br />

No Credit Check Required • Easy Qualifications**<br />

APPLY ONLINE AT WWW.GO<strong>ABCO</strong>.ORG/CREDITBUILDER<br />

*APR=Annual Percentage Rate.<br />

** Easy Qualifications: Must be employed for at least one year. Agree to payroll deduction for loan repayment. Have no other loans or<br />

credit card balances with <strong>ABCO</strong>. Agree to opt out of Privilege Pay. Agree to save $5.00 per pay period to an <strong>ABCO</strong> savings account.<br />

Not a guarantee of financing. Loan subject to Lending Department approval. There is a $35.00 processing fee.<br />

goabco.org • 800-225-1859

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Warm Up to the Value of an<br />

<strong>ABCO</strong> Visa ® Credit Card<br />

rates as low as 6.75% APr*<br />

NO Balance Transfer fee<br />

earn reward Points for Purchases<br />

NO Annual fee (for most cards)<br />

Resolve to Save Money in 2013.<br />

Go to our website for examples or<br />

call us to see how much you can save:<br />

www.goabco.org/visabalancetransfer<br />

Apply in Person • By Phone • Online<br />

* APR=Annual Percentage Rate. Rate as of 11/26/12. Not a guarantee of financing. The rate a member<br />

pays is based on credit worthiness and some members may pay an annual fee. Balance transfers up<br />

to member’s credit limit. Contact us for complete details.<br />

* Securities offered by Registered Representatives of ING Financial Advisers, LLC (IFA), member SIPC. Investment Advisory Services offered by Investment<br />

Advisory Representatives of IFA. Insurance sold through licensed insurance representatives of various companies in association with CU Financial Insurance<br />

Group (CUFIG), a wholly-owned subsidiary of <strong>ABCO</strong> Federal Credit Union. <strong>ABCO</strong> Federal Credit Union and its subsidiaries are not corporate affiliates of IFA.<br />

Nondeposit investment products are not federally insured, not obligations of the Credit Union, not guaranteed by the Credit Union or any affiliated entity,<br />

involve investment risks, including the possible loss of principal and may be offered by an employee who serves both functions of accepting member<br />

deposits and selling nondeposit investment products. IFA products are not offered, recommended, sanctioned or encouraged by the NCUA or the Federal<br />

Government. P.O. Box 221, Rancocas, NJ 08073; phone 1-888-439-0770; fax 856-439-1199.<br />

Hang on to your retirement goals.<br />

Contact us for a no-obligation analysis.<br />

Phone: 888-439-0770<br />

Email: financial@goabco.org<br />

Let CU Financial Insurance Group (CUFIG)<br />

provide you with alternatives to help you<br />

achieve your goals. Because we are a<br />

wholly-owned subsidiary of <strong>ABCO</strong>,<br />

you can trust us to put your interests first.<br />

roll over an existing IrA, increase your<br />

contributions, change your options—<br />

what to do?<br />

Offered by<br />

FINANCIAL SERVICES<br />

Big City Efficiency…Small Town Friendliness<br />

P.O. Box 247 • Rancocas, NJ 08073-0247<br />

Federally insured<br />

by NCUA<br />

PRSRT STD<br />

U.S. POSTAGE<br />

PAID<br />

IMAGE.WORKS<br />

53719<br />

of your<br />

retirement goals!<br />

Don’t let go…

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BUY NOW<br />

rates are low and home values are expected to appreciate. finance your<br />

home with <strong>ABCO</strong> and take advantage of:<br />

• Competitive rates • Low down payment for qualified borrowers*<br />

• Minimal closing fees • A variety of financing options<br />

Mortgage Options<br />

• Conventional Fixed-Rate Mortgages<br />

• Adjustable-Rate Mortgages<br />

• FHA (Federal Housing Administration) Loans<br />

More information and an application form is available online at<br />

www.goabco.org/mortgages<br />

Not sure which mortgage type is right for you?<br />

Call 866-441-8632.<br />

*Based on a member’s credit worthiness and other factors.<br />

INSURANCE SERVICES<br />

MOVe or IMPrOVe?<br />

<strong>ABCO</strong> Has<br />

You Covered<br />

888-439-0770<br />

goabco.org/insurance<br />

HOME IMPROVEMENT LOAN<br />

Need to make some repairs to your<br />

heating system, replace drafty windows or get a<br />

new roof? Whatever improvements you’re<br />

looking to make to your home, our home<br />

improvement loan* is a great way to finance it.<br />

Borrow up to $25,000 at 2.99% APR ** for<br />

up to 48 months.<br />

More information and an application form is<br />

available by phone or online at<br />

www.goabco.org/homeimprovement<br />

* Subject to credit approval. Must be a homeowner to qualify. Documentation/<br />

estimates of work to be done to home must be supplied for disbursal of this loan.<br />

Other conditions may apply.<br />

**APR=Annual Percentage Rate<br />

Available Now!<br />

Teachers’ Insurance Plan of NJ Auto Insurance Discount<br />

Special low discount rates are now available for people who work for or<br />

are retired from an accredited NJ school, district or diocese, or<br />

who are a member of an NJ Parent Teachers Association.<br />

You don’t have to wait until your current policy expires<br />

to start saving on your rates.<br />

Offered BY:<br />

Not in the education field?<br />

You can still save. Ask us about other insurance plans<br />

for auto, vehicles (truck, van, motorcycle, SUV), home, even your pet!<br />

Insurance products are offered through various insurance companies in association with CU Financial Service Group, LLC, a wholly-owned subsidiary of <strong>ABCO</strong> Federal Credit Union<br />

(<strong>ABCO</strong> <strong>FCU</strong>). <strong>ABCO</strong> <strong>FCU</strong> provides insurance products and services through CUFIG to members and non-members without opinion to the product or service provided.<br />

Insurance products are not federally insured and not obligations of <strong>ABCO</strong> <strong>FCU</strong>, CUNA, or any other affiliated entity.<br />

For complete details and a quote contact us: Phone: 888-439-0770 • Email: insurance@goabco.org

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MAILING ADDRESS<br />

P.O. Box 247, Rancocas, NJ 08073-0247<br />

goabco.org<br />

PHONE (ALL LOCATIONS)<br />

800-225-1859<br />

MEMBER CARE<br />

Email: membercare@goabco.org<br />

24/7 TOUCH-TONE TELLER<br />

800-808-2226<br />

OTHER SUPPORT NUMBERS<br />

Visa® – Evenings, Weekends and Holidays<br />

Visa® Credit Card........................800-453-4270<br />

Visa® ATM/Check Card..............800-523-4175<br />

Bill Payer........................................877-760-6004<br />

OFFICE LOCATIONS<br />

WILLINGBORO AREA<br />

MAIN OFFICE<br />

FULL SERVICE BANKING CENTER<br />

690 Beverly-Rancocas Road<br />

LENDING CENTER<br />

East Ridge Shopping Center<br />

621 Beverly-Rancocas Road<br />

RANCOCAS VILLAGE<br />

215 Main Street<br />

BRANCH OFFICES<br />

ATLANTIC CITY<br />

2652 Atlantic Avenue<br />

BROWNS MILLS<br />

81 Pemberton-Browns Mills Road<br />

COOPER HOSPITAL<br />

(Hospital Employees Only)<br />

1 Cooper Plaza, Camden<br />

EGG HARBOR TWP.<br />

6716 Black Horse Pike, Suite 8<br />

GLASSBORO<br />

Doubletree Center, 870 Delsea Drive<br />

MOUNT HOLLY<br />

76R High Street<br />

RIDER UNIVERSITY<br />

Ground Floor of the BLC<br />

Next to University Bookstore<br />

FOR CURRENT HOURS OF OPERATION<br />

AND DIRECTIONS TO OFFICES<br />

Go online @ goabco.org or call us.<br />

<strong>ABCO</strong> <strong>FCU</strong>’s ROUTING<br />

AND TRANSIT NUMBER<br />

2312-7827-4<br />

Like Us<br />

<strong>ABCO</strong> <strong>FCU</strong> is not responsible for typographical errors, omissions or misprints in this publication.<br />

Avoid Dormant Account Fees and Escheat (sending the funds to the state)<br />

Dormant accounts are defined as accounts that have had no activity on shares/<br />

savings or loans for a period of 12 months or more. When this inactivity period<br />

has been reached, we will begin to notify you that your account has fallen into<br />

the dormant status. This means that unless activity resumes, your account may<br />

be subject to fees and ultimately escheated. Accounts that remain inactive will be<br />

assessed a monthly fee of $15 beginning with the 18 th month of inactivity. Also,<br />

New Jersey statutes require that any account that remains inactive for a three-year<br />

period is escheated (the funds are sent) to the State Treasury Department.<br />

These actions are easily avoidable by simply utilizing the products and services<br />

that <strong>ABCO</strong> membership provides. You also have the option to close your account.<br />

To find out more about all our services, please visit our website, goabco.org, or call<br />

Member Care at 800-225-1859.<br />

<strong>ABCO</strong> Helps Finance New Clean Energy Vehicles<br />

Through a joint venture with the Atlantic City Jitney Association, <strong>ABCO</strong> has helped<br />

jitney association drivers finance new clean energy vehicles. The new fleet of 190<br />

vehicles is clean-running, cost-efficient, domestically-fueled, Compressed Natural<br />

Gas-powered jitney shuttle buses. It is reported that the fleet conversion is the<br />

largest ever on the East Coast.<br />

The word “jitney” is a slang word for nickel, which is what it cost in 1915 for a ride in<br />

one of Atlantic City’s earliest “buses.” Even though the price has increased, the name<br />

stuck. The first jitneys looked very similar to regular cars and were, in fact, large,<br />

black Ford model-T touring cars which used a rope-and-pulley system to open<br />

the back doors. Now you can ride around Atlantic City and even to the airport in a<br />

modern eco-friendly vehicle.<br />

The Atlantic City Jitney Association, established in 1915, claims to be the longestrunning<br />

unsubsidized transit company in the United States. <strong>ABCO</strong> has had a strong<br />

relationship with the Jitney Association, its drivers and staff—most of whom are<br />

credit union members. We are proud to have helped our members and helped<br />

the environment.<br />

The new, Compressed<br />

Natural Gas-powered jitney.<br />

Pictured are the Treasurer of the Atlantic City Jitney<br />

Association, Frank Becktel, and President Tom Woodruff,<br />

celebrating the grand opening of the new Compressed<br />

Natural Gas (CNG) station that will provide power to the<br />

new Atlantic City Jitney fleet.

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Special Guest Presenter—Helena Kosoff<br />

A former Superintendent of the Springfield Township,<br />

NJ School District, she currently serves non-profit<br />

agencies as a professional grant writer and<br />

educational consultant.<br />

The Early Bird Gets the Scholarship Money<br />

Have a child in 6th to 11th grade?<br />

Learn the secrets of success in winning scholarships and<br />

reasons for planning early in your search for financial support.<br />

Free seminar<br />

Date: March 12, 2013 • Time: 6:30 – 8:00 pm<br />

Place: Carlucci’s Waterfront Restaurant, Mt. Laurel, NJ<br />

Topics To Be Covered<br />

• An introduction to the wide-ranging scope of scholarships and grants<br />

• Financial aid and other financial support systems<br />

• The application<br />

• Financial planning—Find out ways to maximize your savings and<br />

alternative ways to fund the expenses that scholarships and grants<br />

do not.<br />

A Question and Answer Period will follow. Handouts will be provided<br />

This fast-paced, one-hour seminar is FREE to credit union<br />

members, their families and friends. Light refreshments will be<br />

served. Space is limited. Advance registration is required.<br />

Mail: <strong>ABCO</strong> <strong>FCU</strong>, P.O. Box 247, Rancocas, NJ 08073<br />

Attn. Early Bird<br />

Fax: 609-261-4785<br />

Email: elorenz@goabco.org<br />

Questions: Contact Eric Lorenz 888-439-0770 or<br />

Email: elorenz@goabco.org<br />

Reserve by: March 5, 2013<br />

ANNUAL<br />

MEETING<br />

Tuesday, March 26, 2013<br />

Time:<br />

6:30 pm - Meeting<br />

7:00 pm - Dinner<br />

Place:<br />

Carlucci’s Waterfront<br />

876 Centerton rd.<br />

Mt. Laurel, NJ<br />

Price:<br />

$25 per person<br />

Spouses, friends<br />

and guests<br />

are welcome.<br />

To attend you<br />

must return the<br />

reservation form<br />

at right by<br />

March 18, 2013<br />

Registration Form<br />

Yes, I/we would like to attend The Early Bird Gets the Scholarship Money<br />

Name<br />

Street Address<br />

City/State/Zip<br />

Home Phone<br />

Cell Phone<br />

Email Address<br />

No. of People Attending<br />

Names of Members and Guests:<br />

_______________________________<br />

_______________________________<br />

_______________________________<br />

_______________________________<br />

_______________________________<br />

_______________________________<br />

_______________________________<br />

TOTAL NUMBER ATTENDING _____ @ $25.00 each<br />

AMOUNT TO BE ENCLOSED OR DEBITED $_______<br />

Co-Presenter—Eric Lorenz<br />

Eric Lorenz is the Financial and Investment Specialist for<br />

CU Financial Insurance Group, a wholly-owned subsidiary<br />

of <strong>ABCO</strong> <strong>FCU</strong>. Eric brings more than 10 years of financial<br />

planning and investment management experience.<br />

DINNER RESERVATION FORM<br />

Deadline: March 18, 2013<br />

Bring form to: any Branch Office • Fax to: 609-518-6958<br />

Mail to: <strong>ABCO</strong> Federal Credit Union, P.O. Box 503, Rancocas, NJ 08073<br />

Method of payment—Check one:<br />

Share Draft/Check Enclosed for $ _________<br />

Please debit $ _________ from my:<br />

Share Draft Account Share Account<br />

Name ___________________________<br />

Signature _________________________<br />

Date ____________________________

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<strong>ABCO</strong> <strong>FCU</strong> Co-CEO Ellen Kuiper Named a<br />

South Jersey Biz Magazine’s executive of the Year<br />

The editors of South Jersey Biz magazine asked their readers to<br />

nominate 20 business leaders who have been at the front of<br />

industry changes and economic growth.<br />

Ellen Kuiper, President and co-CEO of <strong>ABCO</strong> Federal Credit Union,<br />

was among the 20 business leaders chosen as 2012 Executive of<br />

the Year. She was also featured on the magazine’s cover.<br />

Mrs. Kuiper likes to say she’s done every job there is at <strong>ABCO</strong>, and<br />

she’s not exaggerating. Now in her 41 st year with the company,<br />

Member Appreciation Week Winners<br />

To celebrate International Credit Union Week, October 15-20,<br />

2012, <strong>ABCO</strong> held celebrations and drawings at all the branch<br />

offices. Here are a few of the winners.<br />

Tracy Adams (Glassboro branch) presents<br />

an iPad® to Laura Kramer. Laura, who’s<br />

been a member for only eight months,<br />

had this to say: “I like all of the benefits<br />

and perks of being with <strong>ABCO</strong>. I would<br />

recommend and encourage all of my<br />

friends to join.”<br />

I. E. Parker won an AMC movie ticket on<br />

the prize wheel at our Mt. Holly branch.<br />

Julia Day (Mt. Holly branch) presents the $500<br />

Members Matter Most Sweepstakes check<br />

to Lewis L. Price III. Lewis has been an <strong>ABCO</strong><br />

member for over 20 years.<br />

Barbara A. King won a $5 Wawa<br />

gift card on the prize wheel at<br />

our Browns Mills branch.<br />

Do You or a Family Member Belong to Another Credit Union?<br />

<strong>ABCO</strong> <strong>FCU</strong> is now part of a national network of cooperative<br />

credit unions, providing free, easy-access member accounts at<br />

shared branching locations across the tri-state area, the country<br />

and the world. At member credit unions that display the CUSC<br />

logo, you can now enjoy a host of services, just like you would<br />

she got her start when she was just 17, working out of CEO<br />

Milton Hershberger’s garage. Now out of the garage, <strong>ABCO</strong> has<br />

grown to nine branches located throughout South Jersey and has<br />

grown to $175 million in assets. Mrs. Kuiper went from being the<br />

first and only employee to overseeing the 78 now working under<br />

the company’s umbrella.<br />

“We work as a team and everyone deserves credit to what this has<br />

now become,” Mrs. Kuiper likes to say. “I love every minute of it.”<br />

<strong>ABCO</strong> Adds Two to Business Department<br />

<strong>ABCO</strong>’s Business Department is growing. As of<br />

January 2013, two new people will be on board to<br />

serve the business community.<br />

John C. Hall is the Director of Business Development<br />

and Government Relations. As such he will be<br />

responsible for developing relationships with<br />

school districts and municipalities for deposits<br />

and lending needs. He previously held the<br />

position of Vice President, Government Banking<br />

with Beneficial Bank.<br />

Robert H. King is the Director of Commercial<br />

Lending. He was previously a Senior Vice President<br />

of Roma Bank where he served as the leader of<br />

the bank’s Southern Region Commercial Loan<br />

Center. Mr. King has held executive positions<br />

within the Delaware Valley banking community<br />

for over 30 years.<br />

John C. Hall<br />

Director of Business<br />

Development and<br />

Government Relations<br />

Robert H. King<br />

Director of<br />

Commercial Lending<br />

at your home credit union. These include: deposits, withdrawals,<br />

transfers between accounts, loan payments and more.<br />

For more information and a list of participating credit unions,<br />

visit www.cuservicecenter.com.<br />

goabco.org • 800-225-1859